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Hurricane Energy - a cup with 2 handles
Hurricane Energy - a cup with 2 handles
By andmk2
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Updated
Jul 1, 2019
3
Jun 5, 2019
A cup with 2 handles - (No Two Ronnies jokes please)
HUR looking bullish
Needs to make £s after producing its first oil to match its valuation
Risk: Brent Crude goes down to $50 because of trade war
Jul 1, 2019
Note
Crude doing well but abandoning Warwick well is hurting the price. No breakout for now.
Sep 4, 2019
Note
Weak, with no breakout after the handles
Dec 2, 2019
Note
Never broke above 61 and now depressed by 20p more. Bulls beware.
Chart Patterns
Cup And Handle
cupandhandlepattern
cuphandle
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